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EM

EMCOR Group, Inc.

EMEIndustrialsNASDAQ

Engineering & Construction · Last scanned May 29, 2026

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Financials · Annual
Revenue
$16.99B
+16.6% YoY
Net Income
$1.27B
+26.4% YoY
EBITDA
$1.92B
+26.8% YoY
Free Cash Flow
$891.5M

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About EMCOR Group, Inc.

EMCOR Group, Inc. provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom. The $37.78B market capitalization puts EME squarely in large-cap range for its industry. It offers design, integration, installation, startup, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and piping systems; control and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging; millwright; and steel fabrication, erection, and welding s.

Key stats
Market Cap$37.78B
P/E (TTM)28.49
Fwd P/E25.97
EPS$29.78
Beta1.17
52W Change+79.8%
Dividend Yield0.15%
ROE39.2%
Analysis

EMCOR Group, Inc. holds $916.4M in cash against $516.5M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $891.5M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 39.2%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 11.8% further supports the picture of efficient asset utilization. Revenue has grown from $11.08B (2022) to $16.99B (2025), reflecting a 53% increase over the period.

Investors considering EMCOR Group, Inc. should weigh the typical risks associated with EME's sector, size, and financial profile against their own risk tolerance and investment objectives. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence EMCOR Group, Inc.'s trajectory.

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